SoftPro

SoftPro is a software solution designed to streamline the closing, title, and escrow process in the real estate industry. According to the vendor, SoftPro caters to various professionals and industries, including real estate agents, title companies, escrow officers, mortgage lenders, and attorneys.

Key Features

Closing, Title and Escrow Production: SoftPro allows users to store data and generate forms for every phase of the closing, title, and escrow process. Users can prepopulate orders with contact and subdivision information using unlimited templates. The software offers flexible receipting and disbursing options, as well as out-of-the-box State and Federal Closing, Title, and Escrow document packages, according to the vendor.

Automation: SoftPro automates repetitive and time-consuming processes, aiming to increase efficiency and reduce manual effort, according to the vendor.

Accounting: SoftPro provides comprehensive accounting capabilities, enabling users to manage, reconcile, and generate 3-way reconciliation reports for one or multiple trust accounts. The software facilitates check printing, interest-bearing account functionality, construction draw disbursements, and disbursement of transferred funds, according to the vendor's claims.

1099-S Submission: SoftPro automates the preparation of 1099-S forms for submission to the IRS. It offers exception reporting for missing or erroneous information, data import/export to the 1099-S management module, and warnings in orders to fix 1099 errors. The software also supports auto-export of 1099 data and electronic submission to the IRS FIRE site, according to the vendor.

Document Scanning and Attachments: SoftPro includes a built-in document repository accessible from orders. Users can push documents from scanners to the repository using barcode scanning and attach various file types. The software allows for document organization in folders with specified permissions and archiving after a specified period of time, according to the vendor.

Custom Documents and Reports: SoftPro enables users to create custom documents and reports, offering multiple custom document formats. Users can tailor the software to their specific needs by utilizing unlimited custom fields for document use, according to the vendor.

Robust Reporting: SoftPro provides robust reporting capabilities, including Crystal reports custom and out-of-the-box. Users can export reports to Excel, create ad-hoc reports and saved searches, and generate reports on all data fields. The software also allows for the automation of running reports, according to the vendor.

Integrated Partners: SoftPro seamlessly integrates with various partners, allowing users to order closing, title, and escrow services directly from the software. Integration options include e-recording, lien release, shipping, notary services, underwriters, and more, according to the vendor.

SoftPro Banking: SoftPro Banking enables users to securely send and receive wire transfers from a network of integrated banks in the U.S. It provides seamless receipting of incoming wires, the initiation of wire transactions directly from SoftPro Select, and search functionality for incoming wires. The software also offers sophisticated security permissions for outgoing wires, according to the vendor.